Decentraland DAO looks to leave binary voting proposals behind

A binding governance proposal seeks to add the option for DAO members to abstain when voting on motions.

Decentraland DAO looks to leave binary voting proposals behind
https://decentraland.org/

The proposal authored by Ginoct seeks to introduce a third option for draft and governance proposals. Instead of Decentraland DAO members choosing yes or no, this motion invites the introduction of a third vote: abstention.

The proposal has already passed the pre-proposal and draft proposal stages and, at the time of writing, leans heavily toward passing the final, binding governance stage. It has garnered 18 votes in favor equating to 4,557,342 voting power, and currently has no votes against it. However, it must pass a voting threshold of 6 million before the ballot closes on the 28th of February.

The vast majority of voting power comes from the whale wallet 0xed7461fd98758a84b76d6e941cbb92891443c36f, designated four million voting power from a Gnosis multi-sig safe wallet: 0x49907511bdf0351daa417a87d349060876a42544.

Currently, DAO members vote using a binary system expressing assent or dissent to a proposal. This proposal would allow members to maintain neutrality and, more importantly, will enable them to withdraw support from a proposal. Presently there is no way for a voter to remove their voting power from a proposal once they have voted. They must either maintain their initial position or vote against the proposal; the voting power cannot be extricated.

The Motivation

The introduction of an abstention vote will introduce more fluidity into the proposal process. A natural part of decision making is change; during the length of a proposal, a voter may change their mind. An abstention will allow the vote to reflect this change.

Improving The Governance Model

Introducing a neutral option should do several things long-term for DAO governance. It will likely boost participation and encourage more users to vote without having to take a hard stance on the proposal. Beyond this, it could change how voting thresholds work with passed proposals required to attract more positive votes than abstentions. It will also provide a better perspective of the sentiment towards proposals and increase legitimacy through improving engagement levels.

Check BTC Peers guide of the most promising crypto

Read more